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Determine the annual cost of the following cash flows given an interest rate of 8% per year. Year 1 2 3 4 5 6 7
Determine the annual cost of the following cash flows given an interest rate of 8% per year.
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Cost, $1000 | 200 | 180 | 160 | 140 | 120 | 100 | 80 | 60 |
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Finance For Managers
Authors: E. Martinez Abascal
1st Edition
0077140079, 9780077140076
